The Velious spdat that I have from February 2, 2001 doesn't list any other component for Enchanting a Velium Bar.
Code:
Enchant Velium
Summoning Enchanted Bar of Velium
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Classes: Enc (L44)
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Requires 22098 as a reagent
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Skill: Alteration
Allowable Targets: Self
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Resistance Check: None
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Mana Required: 200
Spell Duration: Instant
Casting Time: 6.0 seconds
Spell Recovery: 2.25 seconds